Judges will not block Biden’s “social cost of carbon” policy

WASHINGTON – The Supreme Court on Thursday allowed the Biden administration to use a higher estimate, which has been contested by Republican-led states, to calculate the harm to people and the environment from greenhouse gas emissions.

The judges did not comment on the refusal to put her back in place an order of a federal judge in Louisiana that prevented the government from paying more attention to potential harm from greenhouse gas emissions when creating regulations for polluting industries.

The approach uses the “Social Cost of Carbon” to calculate future climate damage to justify stricter restrictions on fossil fuels, transport and other industries.

The federal appeals court in New Orleans reversed the order, and Louisiana led nine states to ask the Supreme Court to intervene.

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The judges’ refusal to do so allows the administration to use an interim default of $51 in damages per tonne of carbon dioxide emitted while it works to update and potentially increase the cost per tonne. The $51 figure was used by the Obama administration before the Trump administration lowered it to $7.

The estimate does not in itself create new requirements, but could be used to justify stricter regulations. States would be free to contest new regulations.

Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, transcribed or redistributed without permission.

https://www.local10.com/news/politics/2022/05/26/justices-wont-block-biden-policy-on-social-cost-of-carbon/ Judges will not block Biden’s “social cost of carbon” policy

Sarah Y. Kim

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